4 ms·

Real estate. Landlording can be a sweet, sweet revenue stream, and with the right tenants, almost no work can be involved, other than cashing the checks.

• amnesthesia 10y ago
  ^^^ this. But this requires capital to even begin. I've considered buying an apartment in a country way cheaper than where I live, and AirBnB'ing it, and paying someone to manage cleaning and key exchange. In some countries you can get a central apartment for $35k, and a normal wage is $600 per month. If you manage to rent it out on AirBnB for $6-700 per weekend or so (what I paid for an AirBnB in one such country last week with 5 people in a large central apartment), you could make nice profits. Even renting it out to someone over long term would be profitable; lower profit (potentially) but less risk (definitely)
  • JoeAltmaier 10y ago
    Renting is negative cash flow for years, in most markets. Its an investment, but you have to start with significant cash.
• maccard 10y ago
  Other than the fact you need a hefty amount of starting capital.